Current (December 2014) Portfolio Picks

As mentioned in the previous post, I am no longer monitoring my portfolio picks for performance. However, the downside to this is that I do need to restrict my stock universe. I have brought down the number of stocks in my portfolio. I intend to keep bringing this down. Below is my current update and outlook on the eventual 40 odd stocks I intend to have in my long term portfolio:

Sector

Sector

Stock

Current Outlook

Weightage in Portfolio

Finance

13%

IDFC

Accumulate

ICICI Bank

Sell on Rises

Indiabulls Housing Finance

Accumulate

Diversified

2%

Reliance

Accumulate

DCM Shriram

Buy

Consumer Facing

6%

Akzo Nobel

Hold

United Spirits

Hold

Indian Hotels

Hold

IT

6%

TCS

Accumulate

EClerx

Accumulate

MPS

Hold

Pharma

5%

Shilpa

Hold

Ajanta

Hold

SPARC

Accumulate

Investment Co

4%

EID Parry

Accumulate

Bajaj Holdings

Sell

Bajaj FinServ

Accumulate

Tata Inv. Corp

Hold

Oil and Gas

1.50%

HPCL

Hold

Cap Goods

2.50%

L&T

Accumulate

Infrastructure

3.50%

IRB Infra

Accumulate

ITNL

Accumulate

GPPL

Accumulate

Financial Intermediary

2.50%

IVC

Accumulate

Metals

4.50%

Sterlite

Hold

Tata Steel

Hold

NMDC

Accumulate

Hindustan Zinc

Accumulate

Engineering and BtoB

9%

Cummins

Hold

Grindwell Norton

Hold

Bharat Forge

Hold

Mayur Uniquoters

Hold

Polymedicure

Hold

BKT

Accumulate

Auto Ancilliaries

4%

Munjal Showa

Hold

Banco

Hold

AmaraRaja+Exide

Hold

Agriculture and Agrochemicals

4%

PI

Hold

Kaveri

Sell

KRBL

Hold

Real Estate

12.50%

Oberoi Realty

Hold

Nesco

Hold

Sobha

Hold

Telecom

Idea

Buy

1%

Total

81.00%

Of course, these 45 odd stocks constitute only 81% of my portfolio. Even these 45, I want to trim down to 25. Of the remaining 19%, the prominent ones I want to dispose off include: ITC, BASF Agrochemicals, Oriental Carbon, Selan,RS Software, CanFin Finance, Unichem Labs, Muthoot Capital, Shriram City Union Finance, PTC Finance, Kitex Garments, HUL, Gillete, Repro, National Peroxide, Mazda, Gandhi Special Tubes, Syndicate Bank, Carborandum Universal and Oriental Bank. I would do this right away, but the problem is that I am sitting on hefty capital gains on these, and I will wait for a year of holding to get rid of them. In some cases, I don’t like the stock well enough to buy, but I like it well enough to be reluctant to sell, unless I get a good price.

Pls. note: The above is simply a list of stocks I hold, and don’t intend to hold. This is a personal journal. It is neither a recommendation to buy/sell, nor is it an endorsement of any of the stocks being discussed. I am an amateur investor, with a patchy record, and my own peculiar risk profile. Please do your due diligence before you buy/sell any stock.